Africa


Karowe delivers blue and pink stones

Exceptional diamonds are nothing new for Lucara Diamond’s (TSX: LUC) Karowe mine in Botswana, but this fall has seen the miner unearth coloured gems as well as large high-value Type…




A worker in the Montiel artisanal pit at Cordoba Minerals and HPX’s San Matias copper-gold property, 200 km north of Medellin, Colombia. Credit: Cordoba Minerals.

High Power Exploration raises US$88 million

Robert Friedland’s High Power Exploration (HPX) has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast-track development of its…





Banro’s Namoya gold mine in the Democratic Republic of the Congo, where five employees were kidnapped in March. Credit: Banro.

Banro calls again for force majeure

Unlike the recurring attacks by armed jihadists in Burkina Faso, the rebel groups that are making mining impossible for Banro in the Democratic Republic of the Congo (DRC) are motivated…


BMO initiates coverage of Cardinal Resources

BMO Capital Markets is initiating coverage of Perth-based Cardinal Resources (TSX: CDV; ASX: CDV) with an outperform rating, noting that the company’s Namdini gold project in Ghana is “one of the…




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